Last week’s market selloff proved yet again just how tough this market environment has been for investors. And while the selling was interrupted by a big bounce Friday, the prevailing winds in 2016 have so far blown in a decidedly bearish direction.
Despite all the gloom in markets, last week was huge for many of the biggest large-cap dividend stocks increasing payouts.
Some of the biggest names moving to boost shareholder value include an Internet router giant, an entertainment behemoth and an insurance and financial stalwart.
Here are 13 dividend stocks increasing payouts.
AGL Resources Inc. (GAS) has added 3.9% more fiscal gas to shareholders with a dividend boost to 53 cents from 51 cents. The natural gas utilities firm will make its new dividend payable March 1 to shareholders of record as of Feb. 19. AGL goes ex-dividend Feb. 17.
GAS Dividend Yield: 3.28%
American International Group Inc (AIG) declared a 14.3% increase in its quarterly dividend to 32 cents per share from 28 cents. The insurance and financial giant will make its new dividend payable on March 28 to shareholders of record as of March 14. AIG shares go ex-dividend on March 10.
AIG Dividend Yield: 2.42%
Cisco Systems Inc. (CSCO) re-routed a 23.8% bigger dividend to shareholders to 26 cents per share from 21 cents. The router and networking equipment giant will make its new dividend payment available on April 27 to shareholders of record as of April 6. Cisco goes ex-dividend on April 4.
CSCO Dividend Yield: 4.14%
Dr. Pepper Snapple Group Inc. (DPS) bottled up 10.4% more fiscal fizz to 53 cents per share from 48 cents. The beverage maker’s new dividend is payable April 5 to shareholders of record as of March 15. DPS shares will become ex-dividend on March 11.
DPS Dividend Yield: 2.31%
Dun & Bradstreet Corp (DNB) provided more information on its own fiscal situation, upping its dividend 4.3% to 48.25 cents per share from 46.25 cents. This business information services firm will make its new payment available March 11 to shareholders of record as of Feb.25. The shares will become ex-dividend on Feb. 23.
DNB Dividend Yield: 2.02%
Equifax Inc. (EFX) ran a credit report on itself, and came up with a 13.8% better payout for shareholders to 33 cents per share from 29 cents. The new cash dividend is payable March 15 to shareholders of record as March 3. The credit information company’s shares will be ex-dividend on March 1.
EFX Dividend Yield: 1.35%
Hasbro, Inc. (HAS) has created a new fiscal toy for shareholders that is 10.9% bigger to 51 cents per share from 46 cents. The toy makers’ new dividend will be unwrapped on May 16 to shareholders of record as of May 2. HAS shares will go ex-dividend on April 28.
HAS Dividend Yield: 2.91%
Interpublic Group of Companies Inc (IPG) can now advertise a new 25% bigger, better, stronger dividend of 15 cents per share from 12 cents. The advertising and media agency will make its new dividend payable on March 15 to shareholders of record as of March 1. IPG goes ex-dividend on Feb. 26.
IPG Dividend Yield: 2.94%
Kimberly Clark Corp (KMB) increased the fiscal fluff of its dividend by 4.6% to 92 cents per share from 88 cents. The personal care products maker most famous for its Kleenex brand tissues will send its new payment out April 4 to shareholders of record as of March 4. KMB shares will become ex-dividend on March 2.
KMB Dividend Yield: 2.86%
L-3 Communications Holdings, Inc. (LLL) boosted its fiscal surveillance and delivered a 7.7% increase in the company’s quarterly cash dividend to 70 cents per share from 65 cents. The communications and intelligence services firm will make its new payment available on March 15 to shareholders of record as of March 1. L-3 goes into ex-dividend mode on Feb. 26.
LLL Dividend Yield: 2.43%
Owens Corning (OC) hardened its fiscal glass by 5.9% to 18 cents per share from 17 cents. The specialty glass and material’s maker will send out its new payment on April 4 to shareholders of record as of March 11. Owens shares go ex-dividend on March 9.
OC Dividend Yield: 1.78%
Time Warner Inc (TWX) increased the fiscal channels paid to shareholders by 15% to 40.25 cents per share from 35 cents. The cable TV and entertainment giant will air its new financial program on March 15 to shareholders of record as of Feb. 29. TWX shares will become ex-dividend on Feb. 25.
TWX Dividend Yield: 2.56%
The Western Union Company (WU) wired a 3.3% bigger dividend to shareholders of 16 cents per share from 15.5 cents. The new payment will be delivered to investor accounts on March 31 to shareholders of record as of March 17. WU shares will be ex-dividend on March 15.
WU Dividend Yield: 3.58%
As of this writing, Jim Woods did not hold a position in any of the aforementioned securities.
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